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Worldwide Surface Mount Technology (SMT) Equipment Industry to 2027 - Featuring CyberOptics, Fuji and Juki Among Others

·7-min read
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Dublin, June 06, 2022 (GLOBE NEWSWIRE) -- The "Surface Mount Technology (SMT) Equipment - Global Market Trajectory & Analytics" report has been added to's offering.

The global market for Surface Mount Technology (SMT) Equipment estimated at US$3.0 billion in the year 2020, is projected to reach a size of US$4.5 billion by 2027, displaying at a CAGR of 6.2% over the analysis period 2020-2027.

High-Speed Placement Equipment, one of the segments analyzed in the report, is projected to record a 7% CAGR to reach a market size of approximately US$2.0 billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Medium-Speed Placement Equipment segment is projected to spiral at 5.8% CAGR for the next 7-year period.

The U.S. Market is Estimated at US$302.3 Million, While Asia-Pacific is Forecast to Grow at 6.5% CAGR

Surface Mount Technology (SMT) Equipment market in the U.S. is estimated at US$30.2.3 million in the year 2020. Asia-Pacific is forecast to reach a projected market size of US$1 billion by the year 2027 trailing a CAGR of 6.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan, China and Europe, each forecast to grow at a CAGR of 4.9%, 7.2% and 3.9% respectively over the 2020-2027 period.

Low-Speed Placement Equipment Segment to Record 4.8% CAGR

In the global Low-Speed Placement Equipment Segment, USA, Japan, China, and Asia-Pacific will drive the 4.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$326.5 million in the year 2020 will reach a projected size of US$457.1 million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets and is forecast to reach US$307.9 million by the year 2027.

Select Competitors (Total 83 Featured) -

  • ASM Assembly Systems GmbH & Co. KG

  • CyberOptics Corporation

  • Electro Scientific Industries, Inc.

  • Fuji Corporation

  • Glenbrook Technologies, Inc.

  • Heller Industries, Inc.

  • Illinois Tool Works, Inc.

  • Juki Corporation

  • Koh Young Technology, Inc.

  • Kulicke & Soffa Pte Ltd.

  • Mycronic AB

  • Naprotek, Inc.

  • Nikon Metrology NV

  • Nordson DAGE

  • Omron Corporation

  • Orbotech, Ltd.

  • Panasonic Corporation

  • Saki Corporation

  • Teradyne, Inc.

  • Universal Instruments Corporation

  • Viscom AG

  • Yamaha Motor Co. Ltd.

  • YXLON International GmbH

Key Topics Covered:




  • Influencer Market Insights

  • World Market Trajectories

  • Impact of Covid-19 and a Looming Global Recession

  • Percentage of Companies Impacted by Supply Chain Delays Due to COVID-19 Worldwide as of August 2020

  • Virus Led Economic Recession Impacts Prospects for Electronics Demand

  • World Economic Growth Projections (Real GDP, annual % Change) for 2019, 2020 & 2021

  • Surface Mount Technology (SMT): The Tech Primer

  • SMT: A Curtain Raiser

  • Surface Mounting: A Concise Overview of the Process

  • SMT Equipment: Product Overview

  • Introduction

  • Classification of SMT Equipment

  • SMT Screen Print Equipment

  • SMT Placement Equipment

  • SMT Soldering Equipment

  • SMT Cleaning Equipment

  • SMT Inspection Equipment

  • SMT Repair and Rework Equipment

  • SMT Equipment Markets: A Historic Backdrop

  • Surface Mount Technology (SMT): A Prelude

  • Surface Mount Technology (SMT) Equipment: Prospects and Outlook

  • Global Electronics Systems Market by End-Use Industry (2019E): Percentage Breakdown of Sales for Aerospace/Defense Electronics, Automotive Electronics, Communication Devices, Computers & Peripheral, Consumer Electronic Devices and Medical/Industrial Electronics

  • World Market for PCBs (2019E): Percentage Share Breakdown of Key End-Use Application Markets

  • Bright Prospects Ahead for SMT Equipment Market

  • Asia-Pacific Evolves into the Core Market for SMT Equipment

  • World SMT Equipment Market by Region (2020 & 2027): Percentage Breakdown of Sales for Developed and Developing Regions

  • World SMT Equipment Market - Geographic Regions Ranked by CAGR (Sales) for 2020-2027: China, Asia-Pacific, Latin America, Middle East, Africa, USA, Canada, Europe, and Japan

  • ECM Sector to Boost Demand for SMT Equipment in Asia-Pacific

  • China: Driving Force Behind Asia-Pacific's Stellar Performance

  • Competitive Landscape

  • Global Leading Vendors of SMT Equipment

  • Leading Players in World SMT Equipment Market (2019E): Percentage Breakdown of Revenues for ASM Assembly Systems, Fuji, Kulicke & Soffa, Panasonic, Yamaha Motor and Others

  • Vendors Resort to Novel Strategies to Gain Competitive Edge

  • Value Added Services Become Key Differentiator

  • Towards Consolidated Endeavors

  • Recent Market Activity

  • Surface Mount Technology (SMT) Equipment - Global Key Competitors Percentage Market Share in 2022 (E)

  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)



  • Uptrend in Electronics Manufacturing Boosts Market Prospects: Review of Primary End-Use Sectors for SMT Technology

  • SMT: Key Applications in Select End-Use Sectors

  • Consumer Electronics

  • Global Consumer Electronics Market by Region (2020): Percentage Breakdown of Revenues for North America, Europe, Asia-Pacific (Incl. Japan), Middle East, and Latin America

  • Global Home Audio Equipment Market (2020): Percentage Breakdown of Revenues for North America, Europe, Asia-Pacific (Incl. Japan), Middle East & Africa and Latin America

  • Telecommunication & Mobile Communication Devices

  • Global Market for Smartphones in Billions: 2016-2021

  • Smartphone Penetration Rate as Share of Total Population: 2016-2021

  • Transportation and Automotive Electronics

  • World Automobile Production in Million Units: 2008-2022

  • Automotive Electronics as a Percentage of Vehicle Production Cost for the Years 2010, 2020 & 2030

  • Medical and Healthcare Devices

  • Aerospace & Defense Equipment

  • Commercial Airline Revenue Growth (in %) for 2010-2020

  • Global Airlines Performance by Region: 2020 Vs 2019

  • LED Components

  • Emphasis on Automation Creates Conducive Environment for SMT Equipment

  • Global Industrial Automation Market by Sector (2019): Percentage Breakdown of Investments for Automotive, Chemical, Food Processing, Oil & Gas, Packaging, Pharmaceuticals, Plastic Manufacturing, Power, Textiles and Others

  • Evolving Role of 'Smart Factory' to Fuel Sales of Fully Automated SMT Platforms

  • Industry 4.0 Promulgates the Smart Factory Concept

  • A Brief Glimpse of First, Second, Third, & Fourth Industrial Revolutions

  • Major Industry 4.0 Technologies: Global Market Size (US$ Billion) for Internet of Things (IoT), Big Data, Smart Factory, Advanced Analytics, Service Robotics, and Smart Machines for 2020

  • SMT Placement Equipment Make Gains

  • Robust Opportunities for SMT Screen Print Equipment

  • Market Drivers and Restraints for Various Screen-Printers

  • SMT Inspection Equipment Gain Traction

  • Technological Advancements

  • Package Complexity Drives Business Case

  • Shift from Manual to Sensor-based Inspection Systems

  • 3D Inspection Systems Emerge in the Market

  • AOI Systems Explore New Opportunities

  • Productivity Optimization Drive Opens Ground for Next Generation AOIs

  • Second Generation AOI Control Solutions: Design is the Key for Success

  • Advances in X-Ray Inspection Systems Drive Efficiency

  • SMT Soldering Equipment Sees Strong Growth Prospects

  • Trend-Setting Technologies

  • R&D to Foster Growth

  • Lead-Free Solder: Emboldens Growth Opportunities

  • Slow But Steady Growth Opportunities for SMT Cleaning Equipment

  • Surging Demand for SMT Repair & Rework Equipment

  • Digital Transformation Drive Augurs Well for Future Growth of the Market

  • Global Digital Transformation Spending (In US$ Trillion) for the Years 2019 through 2023

  • Growing Adoption of IoT Augurs Well

  • Global Number of IoT Connected Devices (In Billion Units) for the Years 2016, 2018, 2020, 2022 & 2025

  • Global IoT Market (In US$ Billion) by Industry for the Years 2018 and 2022

  • Rise of Flexible Electronics to Extend Parallel Opportunities

  • Need for Speed & Flexibility in Electronics Manufacturing Spurs Growth

  • Next Generation Electronics Open up Novel Opportunities

  • Shrinking PCB Size Paints Brighter Prospects

  • High Performance Systems Emerge to Resolve SMT Challenges

  • Demand for 'High-Mix' Equipment on Rise

  • Energy Efficient Equipment Come to the Fore

  • Machine Vision: A Stitch in Time

  • From OEMs to CEMs and EMS Providers: Changing Customer Profile

  • Electronic Contract Manufacturers: Key Consumer Segment of SMT Equipment

  • Global Electronic Contract Manufacturing Services Market by Region/ Country (2012, 2019 & 2024): Breakdown of Annual Revenue Figures (in US$ Billion) for US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World

  • ECMS Industry: Bitten by Pricing Pressures

  • Innovations and Advancements

  • Technological Innovations

  • Importance of Absolute Encoder in SMT Placement

  • Smart Feeder Technology

  • Focus on Responsive and Flexible Manufacturing Lines

  • Ensuring Lower Cost and Smaller Footprint

  • Select Recent Innovations

  • Challenges and Market Restraints

  • SMT: Not Completely Free of Defects

  • Defects in SMT: Percentage Share Breakdown of Error Categories

  • Purchase Cycles Reward But Also Retard Growth

  • Commoditization Kills Price Differentials

  • High Entry Barriers Hinder New Market Entrants

  • Skewed Customer Profile Strains the Margins

  • Used Equipment: The Threat is Real

  • High False Calls & Escape Rates Dent Investor Confidence

  • Alternative Technologies Curtail Demand for SMT Inspection Equipment

  • Price Sensitivity: A Major Challenge

  • Pricing Undercuts Market Leadership

  • Challenges Faced by Advanced Manufacturing Industry

  • Technology Challenges




For more information about this report visit

CONTACT: CONTACT: Laura Wood, Senior Press Manager For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

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